Dow Jones rebounds from Boeing losses, closes up 201 points

March 11 (UPI) -- The Dow Jones Industrial Average bounced back from early losses brought on by plummeting Boeing stocks to close up 200 points on Monday.

The index rose 201 points, or 0.79 percent, at the end of trading despite early losses from Boeing after an Ethiopian Airlines Boeing 737 crashed on Sunday 6 minutes after taking off from Addis Ababa's airport, killing all 157 aboard.

Sunday's crash was the second involving a Boeing 737 since October, when a Lion Air jet crashed after takeoff killing all 189 aboard. The company's stock dropped by up to 13 percent during early trading Monday.

Ultimately, Boeing's stock climbed back to close down 5 percent at the end of trading and Spirit AeroSystems, which makes Boeing 737 Max fuselages, fell 4 percent.